Debenhams names 22 stores to close
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Debenhams has named 22 of the 50 stores it plans to close as part of a plan by new owners to revive the department store chain.
The retailer says the store closures will start next year and 1,200 staff will be affected by the first phase.
Earlier this month lenders to Debenhams took control in a deal which wiped out the investments of shareholders.
The new owners include Barclays and Bank of Ireland, as well as US investment firms.
